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...Another focus for MS Amlin is to grow its casualty insurance lines, such as policies which provide cover for legal claims against a company’s management team....
...The company conducted work to compare listing venues....
...The so-called pensions lifeboat takes over the assets and liabilities of failed companies’ pension schemes....
...On Monday, the company announced it was buying Lloyd’s insurer Probitas for £242mn....
...Reinsurers, including Lloyd’s companies, are expected to bear the brunt....
...Wilko was one of the biggest retail casualties in the UK since the collapse of Sir Philip Green’s retail empire and department store chain Debenhams....
...Europe’s second-biggest insurer, which cemented its focus on property and casualty insurance with the $15.3bn acquisition of XL in 2018, said it would prioritise dividend growth and annual share buybacks...
...An insurance company “needs to have the longer-term alignment”, Borean said, adding that each situation needs to be viewed on a “case-by-case basis”....
...That helped mitigate any massive losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...The UK fashion retailer plans to publish results before the end of the week. But the delay does nothing for battered confidence in a company that seems stuck in a never-ending turnaround....
...Unadjusted pre-tax profits came in at £188.3mn, thanks to a one-off insurance claim of £20.6mn....
...That helped mitigate any huge losses for Berkshire’s all-important property and casualty insurance segment. Profits here jumped....
...The move will make Sampo the largest pure property and casualty insurer in the Nordic region....
...,” which is Florida’s state-run insurance company....
...German beauty retailer Douglas staged an initial public offering in March, though its shares have not fared well since....
...Last month, retailer John Lewis said it had stopped selling insurance for electric vehicles after Covea, its underwriter, withdrew cover while it reassessed the cost of EV repairs — a move confirmed by the...
...One pivotal deal came in late 2020 when furniture retailer Nitori launched a $2bn unsolicited bid for rival Shimachu....
...The committee asked Wilkinson, who is the granddaughter of the company’s founder, why nearly £150mn was taken out of the business over the last 20 years, including £3.75mn in the year before the retailer...
...These costs would presumably be reflected in property and casualty insurance rates, along with many other pressures that are affecting the world right now....
...Davide Campari Milano: Shares in the Italian-based company slipped 5.7 per cent, making them the biggest faller in the Stoxx 600 index of European equities, after the company announced that it had raised...
...Mayhem persists among the US’s property and casualty insurers. Auto-insurance businesses are still losing money....
...“We already do this successfully with our insurance products,” the supermarket chain said in a statement on Thursday....
...UK discount retailer Wilko has collapsed into administration, putting around 12,500 jobs at risk after rescue talks with prospective suitors failed....
...As at the end of 2022, US insurers (primarily life insurance companies) held some 20 per cent of all outstanding US commercial mortgage loans, accounting for 9 per cent of the insurance industry’s total...
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